Wheat Prices Rally to 9-Month Highs, Adding to Inflation Woes
Suboptimal growing conditions have pushed down forecasts for the 2024-2025 wheat harvest, which has in turn pushed up prices
Wheat Prices Rally to 9-Month Highs, Adding to Inflation Woes
Soybean and Corn Futures Spike on Drought and Chinese Buying
The American agricultural commodities sector has been hot in 2021 as Chinese buyers have reentered the export market, and a widespread drought has raised supply concerns.
Soybeans, Wheat, Corn and the “Everything Rally”
Agricultural commodities are hitting multi-year highs on optimism that a strong global economic rebound will unfold in 2021. Not to be outdone by the stock market and bitcoin, the agricultural corner of the U.S. financial markets has officially joined the “everything rally,” with many of the most prominent “ags” trading at multi-year highs to start … Continued